This whole 120 day thing,,,,,,,,
posted on
Jun 22, 2010 11:58AM
First of I am not BOD lover...(more of a hater....lol) ... Discliamer I was not @ the Shareholder meeting but using hearsay and common sense....
It sounds like CDX 3 was un marketable (not user friendly)... more work was needed so CDX 4 was rolled out ... PTSC needed 120 days to see if this version was better/marketable... then they would decide to sell or keep.... if they are selling it is not easy to sell a multi million dollars software..... I was not expecting a sale or sale announcement in 120 days.... What I was expecting is an update from or BOD... CEO search and what they found in the 120 days.....
Once again they have fallen below expectations...
I would like a CEO who be resposible and focused instead of a stand in BOD member who has his hands in several companies & no focus....